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Estatedia | Economy & Real Estate Media in Cambodia

China’s Shenyang opens new freight route for RCEP countries

ASIA: A train carrying cargo containers from Regional Comprehensive Economic Partnership (RCEP) member countries, including Laos, Vietnam, and Japan, departed from the Chengtong Trade Port Free Trade Zone in Shenbei New District, Shenyang, capital of northeast China’s Liaoning Province, on Saturday morning, Xinhua reported.

The train marks the opening a new international freight route for RCEP member countries through Shenyang to Europe via entrepot trade.

With rich rail resources, the Chengtong Trade Port connects different logistics routes, such as China-Europe freight trains and the China-Laos Railway, which facilitates the collection and transportation of general trade goods, cross-border e-commerce goods, transit goods, and bonded goods at the same venue.

Shenbei New District plans to construct a 20,000-square-meter RCEP enterprise service center, expanding its focus from a single logistics channel to a comprehensive industrial layout and supply chain, according to local authorities.

 

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